Nvidia, a leading technology industry figure, is under intense scrutiny as it gears up to release its earnings report. The market is bracing for a significant shift in Nvidia’s stock, with predictions pointing towards an 11% increase or decrease. This potential fluctuation is not just a number; it carries a historical significance and is expected to influence the entire market.
Currently, Nvidia’s stock price is pegged at $685. An 11% implied move on the day of the report suggests that the stock could plummet to $609 or soar to $760. This potential swing, whether upwards or downwards, is equivalent to a company’s entire value as significant as Disney.
Comparing Nvidia and
→ Continue reading at Entrepreneur